Resources and Assets: Gold and Gold Certificates: Gold Coin and Certificates in Vault; Gold and Gold Certificates held by Federal Reserve Banks

RAGGCGCC • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

280.42

Year-over-Year Change

14.07%

Date Range

12/4/1914 - 1/24/1934

Summary

This economic indicator tracks the total quantity of gold coins and certificates held in Federal Reserve Bank vaults. It provides insight into the monetary reserves and gold holdings of the U.S. central banking system.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

The series represents a critical measure of national gold reserves maintained by the Federal Reserve Banks. Economists use this data to understand monetary policy, asset composition, and historical gold valuation strategies.

Methodology

Data is collected through direct reporting and auditing of Federal Reserve Bank vault inventories and gold certificate holdings.

Historical Context

This metric is used in macroeconomic analysis to assess national monetary asset strategies and potential economic stabilization mechanisms.

Key Facts

  • Represents official gold holdings of Federal Reserve Banks
  • Provides historical perspective on national monetary assets
  • Reflects potential economic stability and reserve strategies

FAQs

Q: Why do Federal Reserve Banks hold gold?

A: Gold serves as a historical monetary asset and potential economic stabilization mechanism. It represents a tangible store of value independent of currency fluctuations.

Q: How often is this data updated?

A: The data is typically updated periodically, with precise frequency depending on Federal Reserve reporting schedules and inventory assessments.

Q: What does the RAGGCGCC series specifically measure?

A: It measures the total quantity of gold coins and gold certificates physically held in Federal Reserve Bank vaults, representing a snapshot of national gold reserves.

Q: How do gold reserves impact economic policy?

A: Gold reserves can influence monetary policy, provide economic backstop during financial uncertainties, and serve as a potential hedge against inflation and currency devaluation.

Q: Are these gold reserves actively traded?

A: These reserves are typically not actively traded but maintained as strategic national assets to support monetary policy and economic stability.

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Citation

U.S. Federal Reserve, Resources and Assets: Gold and Gold Certificates: Gold Coin and Certificates in Vault; Gold and Gold Certificates held by Federal Reserve Banks [RAGGCGCC], retrieved from FRED.

Last Checked: 8/1/2025